COLLEGE OF BUSINESS, ACCOUNTANCY, AND ENTREPRENEURSHIP

COURSE SYLLABUS

Course Course Code Course Pre- Credit

Information Title requisite Units
ATAE16 Intermediate Accounting 2 Intermediate 6
Accounting 1

Course The course is designed to provide students with understanding on accounting standards that are relevant to the recognition, measurement,
Description statement presentation and disclosure requirements of liabilities and equity.

University Vision Mission Core Values

Vision/Mission/ Universidad de Manila promotes free and Universidad de Manila promotes free Quality and Excellent Education
Core Values quality tertiary education for the and quality tertiary education for the Academic Freedom
underprivileged youth, relevant curricular and underprivileged youth, relevant Highest Ethical Standard
Empowerment
research programs, and responsive extension curricular and research programs, and
Pro People
services- all these benefiting the City of Manila responsive extension services- all these
and the country. benefiting the City of Manila and the
country.

College Vision Mission Core Values

Vision/Mission/ The CBAE envisioned to provide The CBAE envisioned provide Integrity – Honesty, truth, quality and
Core Values curricular offerings of International Standards quality education in the field of authenticity are the guiding principles
in order to answer the demand of the industry business, accountancy and of our actions. Academic integrity is the
entrepreneurship anchor on foundation of our research and
by molding deserving youth of the country and
university’s vision of producing educational methods.
 guided by the UDM VISION and founded by globally competitive professionals Responsibility – we serve and
the principles of developing responsible and towards the transformation and acknowledge the commitments we have
accountable citizen who is committed to the development of the nation. with our stakeholders. We continue to
intellectually challenge our students to
formation of a total human being.
reach their potential and inspire them
to be productive members of our
society.
Justice – we will be objective in our
analysis.
Respect- we listen and recognize
differences while upholding ourselves to
high standards of quality and mutual
difference.
Experiential Learning – We are active
participants in the community. Our
roles include but are not limited to:
developing meaningful projects for
students and stakeholders, integrating
academic research with experiential
learning and serve as source of
expertise and information for our
communities.

Institutional UDM Graduate Attributes (GA) Institutional Graduate Attributes and Learning Outcomes (IGALO)
A UDM Graduate Shall:
Graduate
Attributes and 1. Integrity and stewardship Identify, recognize and measure accounting information and prepare financial
Learning statements in accordance with appropriate standards.
2. Service to the community and to the
Outcomes
accounting profession Interpret the business implications of financial statement information.
(IGALO)
3. Globally competitive Prepare financial statements that are globally comparable and promote transparency,
accountability, and efficiency in financial markets around the world.
Program
PILO 1. Demonstrate corporate citizenship and social responsibility
Intended
PILO 2. Perform the basic functions of accounting such as preparing financial statements in accordance with appropriate standards,
Learning interpreting the business implications of financial statement information, preparing accounting information for planning and
Outcomes/Level control and for the evaluation of products, projects and divisions.
PILO 3. Apply information and communication technology (ICT) effectively and efficiently
Outcomes PILO 4. Work effectively with other stakeholders
(PILO)

Course Intended  Identify, recognize and measure liabilities and equity in financial statements.
Learning
 Apply the basic concepts of accounting and analyze each account to be able to prepare fairly presented financial statements.
Outcomes
(CILO)  Prepare financial statements that are globally comparable and promote transparency, accountability, and efficiency in financial
markets around the world

Learning Outcomes Content Teaching-Learning Strategies Assessment

Tasks
Asynchronous Synchronous

Physical Virtual

The student should be able to:

1  State the recognition Current Liabilities Modules/ Lecture and  Recitation

criteria for liabilities. Reading interactive  Assignments
 Identify the characteristics Materials discussion  Quizzes
of a financial liability.  Examinations
 State the initial and Solving problem Solving
subsequent measurements exercises problem
of financial and non-
 financial liabilities. exercises
Classify liabilities as current
and noncurrent.

2  State the initial and Notes Payable Modules/ Lecture and  Recitation
subsequent measurement Reading interactive  Assignments
of notes and loans payable, Materials discussion  Quizzes
 Apply present value factors  Examinations
properly. Solving problem Solving
 Prepare amortization exercises problem
tables. exercises
Explain the accounting for
origination fees on loans
payable

3  State the initial and Bonds Payable and Other Modules/ Lecture and  Recitation
subsequent measurements Concepts Reading interactive  Assignments
of bonds payable. Materials discussion  Quizzes
 Account for compound  Examinations
financial instruments. Solving problem Solving
 Explain the accounting for exercises problem
derecognition of liabilities. exercises
State the requirements for
the offsetting of financial
assets and financial
liabilities.

4  State the recognition Provisions, Contingent Modules/ Lecture and  Recitation

criteria for provisions. Liabilities and Contingent Reading interactive  Assignments
 Differentiate the Assets Materials discussion  Quizzes
accounting requirements  Examinations
of a provision, a contingent Solving problem Solving
liability and a contingent problem
 asset. exercises exercises
 Describe the available
measurement bases for a
provision.
 Account for provisions.
5  Differentiate between the Employee Benefits (Part 1) Modules/ Lecture and  Recitation
four classifications of Reading interactive  Assignments
employee benefits. Materials discussion  Quizzes
 State the timing of the  Examinations
recognition of employee Solving problem Solving
benefits. exercises problem
 Differentiate between exercises
defined contribution plan
and defined benefit plan.
 Account for defined
contribution plans.
6  State the accounting Employee Benefits (Part 2) Modules/ Lecture and  Recitation
procedures for defined Reading interactive  Assignments
benefit plans. Materials discussion  Quizzes
 State the components of a  Examinations
defined benefit cost. Solving problem Solving
 Describe the accounting exercises problem
for other long-term exercises
employee benefits and
termination benefits
7  Identify a lease. Leases (Part 1) Modules/ Lecture and  Recitation
 Account for leases by Reading interactive  Assignments
a lessee using the Materials discussion  Quizzes
general recognition.  Examinations
 Account for leases by Solving problem Solving
a lessee using the exercises problem
recognition exercises
exemption
8  Identify the lease Leases (Part 2) Modules/ Lecture and  Recitation
classifications by a Reading interactive  Assignments
lessor. Materials discussion  Quizzes
 State the indicators  Examinations
of a finance lease. Solving problem Solving
 Account for a exercises problem
finance lease by a exercises
lessor.
 Account for an
operating lease by a
lessor.
 Account for a sale
and leaseback
transaction by a
seller-lessee and a
buyer-lessor.
9  Explain why the Income Taxes Modules/ Lecture and  Recitation
profit presented in Reading interactive  Assignments
the financial Materials discussion  Quizzes
statements may be  Examinations
different from the Solving problem Solving
taxable profit. exercises problem
 Determine the tax exercises
base of assets and
liabilities.
 Compute for income
tax expense and
current tax expense.
 Compute for
deferred tax assets
and deferred tax
liabilities.
10  State the components of Shareholders’ Equity (Part Modules/ Lecture and  Recitation
shareholders’ equity. 1) Reading interactive  Assignments
 Account for the initial Materials discussion  Quizzes
issuances of shares of  Examinations
stocks. Solving problem Solving
 Account for the exercises problem
reacquisition and exercises
retirement of shares of
stocks.
Account for stock rights,
convertible preference
shares and donated capital.
11  Account for distributions Shareholders’ Equity (Part Modules/ Lecture and  Recitation
to owners. 2) Reading interactive  Assignments
 Account for Materials discussion  Quizzes
recapitalization and quasi-  Examinations
reorganization Solving problem Solving
exercises problem
exercises

12  Define a share-based Share-based Payments Modules/ Lecture and  Recitation

payment transaction. (Part 1) Reading interactive  Assignments
 State the accounting Materials discussion  Quizzes
methods applicable to  Examinations
share-based payment Solving problem Solving
transactions with non- exercises problem
employees and employees. exercises
 Account for share-based
compensation plans.
13  Account for cash-settled Share-based Payments Modules/ Lecture and  Recitation
share-based payment (Part 2) Reading interactive  Assignments
transactions. Materials discussion  Quizzes
  Account share-based  Examinations
transactions with cash Solving problem Solving
alternatives. exercises problem
exercises

14  Define book value per Book Value per Share Modules/ Lecture and  Recitation
share. Reading interactive  Assignments
 Compute for book value Materials discussion  Quizzes
per share.  Examinations
Solving problem Solving
exercises problem
exercises

15  Compute for basic Earnings per Share Modules/ Lecture and  Recitation
earnings per share. Reading interactive  Assignments
 Compute for diluted Materials discussion  Quizzes
earnings per share.  Examinations
Solving problem Solving
exercises problem
exercises

Learning Environment:

Physical Classroom Virtual Hybrid

The medium of instruction is in English. The medium of instruction is in English. The medium of instruction is in English.

Raise your hand for permission to speak. Find a quiet place free of distractions. Have your Essay, Quizzes, and Exams should be
device ready. written in English.
Be respectful. (When the teacher is discussing please keep quiet).
Be professional. (Be on time, wear proper attire, Students must read in advance.
Smoking is not allowed during class time. and be attentive)
Do not copy and paste your answers.
Students must read in advance. Use your full-name when you join the class. (Plagiarism) Student will receive automatic
0.
Be professional. (Be on time, wear proper attire, and be attentive) Mute yourself except when you have the floor.
Always provide references.
Do not copy and paste your answers. (Plagiarism) Student will Raise your hand for permission to speak.
receive automatic “0”. Avoid slang terms such as “wassup?” and
Wearing Sando/Undershirt is not allowed during texting abbreviations such as “u” instead of
Avoid slang terms such as “wassup?” and texting abbreviations online class. you.
such as “u” instead of you.
Lying down on your bed while attending online
Students can only go to the bathroom before or after the class. class is not allowed.

Smoking is not allowed during class time.

Students must read in advance.

Avoid slang terms such as “wassup?” and texting

abbreviations such as “u” instead of you.

Class Policies :
A. Online/Face-to-Face Attendance Policies:
1.        6 incidences of tardiness(late) are equivalent to 1 absent
2.      6 Absences = (DU) Drop Unofficially

B.     Online/Face-to-Face Policy on Make-up Requirements:

1.       Allowed for the following reason(s):

a.       Illness or injury caused by accident evidenced by a medical certificate
b.       Death of a family member (grandparent, parent, guardian, sibling, spouse, or child)
c.        Force majeure -example: war, strike, riot, natural disaster.
 2. Excuse letter within five (5) working days to comply via e-mail. Failure to comply means a score of 0.

Course Requirements:
 Written and Oral examinations

Grading System:
MIDTERM GRADE PRE FINAL GRADE GRADING SCALE

Class Standing 98 – 100………………4.00 83 – 85………………..2.75

Quizzes 95 – 97………………..3.75 79 – 82………………..2.50

MT/PFG 92 – 94.……………….3.50 76 – 78………………..2.25

89 – 91………………..3.25 75……………………....2.00

(MG+PFG)= 100% FINAL GRADE 86 – 88………………..3.00 BELOW 75…………..1.00

*DO (Dropped Officially)/ |DU (Dropped Unofficially)/ LOA (Leave of Absence) / INC (Incomplete)

Resources: ( UDMoodle, Google Meet, Gmail, Messenger)

Textbook: Intermediate Accounting 2 by Zeus Vernon B. Millan

Prepared by: Endorsed by: Approved by:

GUADALUPE O. MACEDA DR. ELENA R. CERNIAS DR. RONALD A. HERERRA

Faculty, CBA DEAN, CBA Vice President for Academic
Affairs